Data from Delta Motor Corp are as follows:                 Selling and administrative expenses                        P 450,000                 Direct materials used                                                     935,000                 Direct labor (50,000)                                                      900,000                 Factory overhead applied rate                                 P 16 per direct labor hour                                                                                 Beginning            Ending                 Direct materials                                P 150,000             P   135,000                 Work-in-process                                225,000                270,000                 Finished goods                                   120,000                  75,000                              The cost of direct materials purchased is Group of answer choices P 920,000 P 890,000 P 875,000 P 935,000

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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 Data from Delta Motor Corp are as follows:

                Selling and administrative expenses                        P 450,000

                Direct materials used                                                     935,000

                Direct labor (50,000)                                                      900,000

                Factory overhead applied rate                                 P 16 per direct labor hour

                                                                                Beginning            Ending

                Direct materials                                P 150,000             P   135,000

                Work-in-process                                225,000                270,000

                Finished goods                                   120,000                  75,000

               

             The cost of direct materials purchased is

Group of answer choices
P 920,000
P 890,000
P 875,000
P 935,000

 Data from Delta Motor Corp are as follows:

                Selling and administrative expenses                        P 450,000

                Direct materials used                                                     935,000

                Direct labor (50,000)                                                      900,000

                Factory overhead applied rate                                 P 16 per direct labor hour

                                                                                Beginning            Ending

                Direct materials                                P 150,000             P   135,000

                Work-in-process                                225,000                270,000

                Finished goods                                   120,000                  75,000

               

             The cost of direct materials purchased is

Group of answer choices
P 920,000
P 890,000
P 875,000
P 935,000
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